Remi Edelstahl Tubulars reports standalone net loss of Rs 2.31 crore in the June 2016 quarter

Sales decline 48.83% to Rs 14.45 crore

Net Loss of Remi Edelstahl Tubulars reported to Rs 2.31 crore in the quarter ended June 2016 as against net loss of Rs 4.62 crore during the previous quarter ended June 2015. Sales declined 48.83% to Rs 14.45 crore in the quarter ended June 2016 as against Rs 28.24 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales14.4528.24 -49 OPM %-9.41-15.47 -PBDT-2.24-5.73 61 PBT-3.42-6.96 51 NP-2.31-4.62 50

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